Bank of Communications: Will simplify the application procedures and implement interest subsidies for consumer loans that meet the notification requirements.

Bank of Communications issues a notice on the subsidy program for personal consumer loans and loans for service industry operators: In order to thoroughly implement the decisions and arrangements of the Party Central Committee and the State Council, effectively reduce the credit costs for residents and financing costs for service industry operators, fully stimulate consumption potential, and enhance market vitality, our bank actively responds and strictly implements the spirits and relevant requirements of the notices on the subsidy program for personal consumer loans and loans for service industry operators. Our bank will adhere to the principles of marketization and rule of law, optimize the processing procedures, simplify the application procedures, and implement subsidies for loans that meet the requirements of the above notices. For subsequent processing procedures and related questions, our bank will unify the release of information through official channels such as the Bank of Communications official website, mobile banking app, WeChat official account, etc. Please pay attention.